Tax Strategies

Republican leaders say they are closer to a plan to extend the 2017 tax cuts and increase the debt ceiling.

Taxpayers that suffer a smaller loss might not have the sophistication to know that they could be entitled to take a theft loss deduction, warns one expert.

Forming a trust now and funding it after Congress decides whether to keep the current gift tax exemption rate could make for an effective preemptive strike.

Using EBITDA – which is typically bigger than EBIT — would generate heftier tax deductions.

Not all job creation incentive programs are created equal. Here are examples of programs from states across the United States.

A bipartisan group has reintroduced legislation to allow immediate expensing of research and development costs, all the way back to 2022 when the tax break expired.

One of the biggest issuers in the municipal-bond market warns it may need to scale back its borrowing plans if federal lawmakers eliminate the tax-exemption.

Cruise operators may yet avoid paying more corporate taxes despite threats from the U.S. Commerce Secretary to close favorable loopholes.

What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?

Negotiations at the United Nations may gain new impetus after President Trump rejected the Organization for Economic Cooperation and Development tax framework.